Telecommunications Tax & Utility Tax
Telecommunications Tax
The State of Illinois has collected the 6% Telecommunications Tax on behalf of all municipalities in the State of Illinois since January 2, 2003. Please see the IL Department of Revenue website for compliance details.
Municipal Utility Tax - Natural Gas
A tax is imposed upon the privilege of using or consuming natural gas acquired in a purchase at retail and used or consumed within the corporate limits of the Village at the rate of five percent (5%) of the gross receipts therefrom.
Municipal Utility Tax - Electric
Pursuant to Section 8-11-2 of the Illinois Municipal Code, a tax is imposed upon the privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the Village at the following rates, calculated on a monthly basis for each purchaser:
| Kilowatt-Hours Used or Consumed in a Month |
Cost Per Kilowatt-Hour |
| First |
2,000 |
0.61 cents |
| Next |
48,000 |
0.40 cents |
| Next |
50,000 |
0.36 cents |
| Next |
400,000 |
0.35 cents |
| Next |
500,000 |
0.34 cents |
| Next |
2,000,000 |
0.32 cents |
| Next |
2,000,000 |
0.315 cents |
| Next |
5,000,000 |
0.31 cents |
| Next |
10,000,000 |
0.305 cents |
| All in excess of |
20,000,000 |
0.30 cents |
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